Globest Sectors

NEWPORT BEACH, CA-The firm will take 16 properties, located in Orange and San Diego counties, as part of Archstone-Smith's buy-out.

WALNUT HILLS, KY-The university is leasing the off-campus site to the developer, which will build retail, apartments, condos, offices, a hotel and a fitness center.

BIRMINGHAM, AL-With the deal closed, the new owner will put another $5.5 million into upgrading the 25-year-old Hilton Birmingham at Perimeter Park.

PHOENIX-After nearly two years of courtship, Charles Miscio, Keith Lambeth, Todd Noel and Michael Crystal exit CBRE to carve out new space at Colliers.

HOUSTON-An Oklahoma City partnership replaces interim financing with $28.9 million in a 75% LTV package for the 377,750-sf build-to-suit for National Oilwell Varco.

GARLAND, TX-Ray Wirta and Harold Hofer use the 148,870-sf Firewheel Village as the flagship deal. Nexregen lets $2,500-level investors shop and buy into $10-million or so deals.

LOS ANGELES-The buyer acquires a 33-unit portfolio in the San Fernando Valley and Koreatown, an increasingly popular multifamily district for investors.

RENTON, WA-The New York City-based investment advisor sells the Carriages at Fairwood Downs here to Berkshire Property Advisors.